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One of Canada's biggest translation firms faces financial ruin amid a global trail of debts Feb 13th
Able Translations was once one of the biggest companies of its kind in Canada, but a CBC investigation has unearthed the vast extent of the firm's financial delinquency — and its machinations for dealing with it..... More »
Bank of America profit hit by higher loan provisions, lower interest income + MORE Jul 18th
Second biggest U.S. bank by assets says second-quarter profit fell by nearly 20 per cent
.... More »
Ico Therapeutics posts loss of $127,000 in third quarter + MORE Nov 25th
VANCOUVER – VANCOUVER, British Columbia (AP) _ Ico Therapeutics Inc. (ICOTF) on Tuesday reported a loss of $127,000 in its third quarter.
The Vancouver, British Columbia-based company said it had a loss of less than 1 cent on a per-share basis.
In the final minutes of trading on Tuesday, the c.... More »
Alleged 'shadow' mortgage broker implicated in dozens of shady deals Jan 9th
B.C.'s registrar of mortgage brokers has issued a notice of hearing against a woman accused of acting as a "shadow" operator by feeding altered documents to licensed brokers on behalf of dozens of people who wouldn't otherwise qualify for loans..... More »
Why Reuters investors are cool to Blackstone deal + MORE Feb 2nd
Once Reuters revealed details of its plan to sell a 55-per- cent stake in its financial- and risk-data business to a consortium led by Blackstone Group, investors became troubled
.... More »
Ditching pyjamas, tearing down cubicles: Shared workspaces replacing traditional home offices
– canadianbusiness.com
MIAMI – Ten years ago, co-working spaces were a new concept, providing shared desks for freelancers and entrepreneurs as single “mom and pop” shops.
Today, the one-off, mom and pop spaces have been mostly replaced with chain companies, providing real estate developers a new way to lease traditional office space and to make connections with potential tenants.
Feeding off the tech startup boom and the increased mobility it allowed workers, co-working spaces took off — attracting lonely home-office dwellers out of their pyjamas and sparing coffee shop-based freelancers an obligatory purchase of a cup of coffee in exchange for an all-day workstation.
“They’re people that want more stimulation than sitting at home and being very productive working in your pyjamas all day,” said University of Michigan business professor Gretchen Spreitzer, who has studied for years how people thrive at work, focusing on co-working spaces in recent years.
Today, companies such as Pipeline, WeWork, Grind, and NextSpace have opened about 4,000 co-working spaces in most major U…
Today, the one-off, mom and pop spaces have been mostly replaced with chain companies, providing real estate developers a new way to lease traditional office space and to make connections with potential tenants.
Feeding off the tech startup boom and the increased mobility it allowed workers, co-working spaces took off — attracting lonely home-office dwellers out of their pyjamas and sparing coffee shop-based freelancers an obligatory purchase of a cup of coffee in exchange for an all-day workstation.
“They’re people that want more stimulation than sitting at home and being very productive working in your pyjamas all day,” said University of Michigan business professor Gretchen Spreitzer, who has studied for years how people thrive at work, focusing on co-working spaces in recent years.
Today, companies such as Pipeline, WeWork, Grind, and NextSpace have opened about 4,000 co-working spaces in most major U…
Snapshot of US job market: Solid hiring, falling unemployment but still-tepid pay growth
– canadianbusiness.com
WASHINGTON – On Labor Day weekend 2015, the U.S. job market has found an old sweet spot: 5.1 per cent unemployment — many miles from the 10 per cent joblessness America endured back in 2009.
It’s the lowest rate in more than seven years, suggestive of healthy hiring levels that have traditionally fostered rising incomes, consumer spending and economic growth.
In August, the unemployment rate fell on the strength of a decent if less-than-stellar 173,000 added jobs. And most economists expect the government to eventually revise up that job gain because of seasonal trends that are notoriously difficult to calculate.
Friday’s employment data reflected the durability of the U.S. economy, which has so far withstood distress worldwide: Tumultuous stock markets, a sharp slowdown in China, a perpetually struggling European economy and the start of a recession in Canada, America’s largest trading partner.
Yet the report also spotlighted aspects of an economic expansion that has been steady without being fully satisfying: Wage growth remains slight…
It’s the lowest rate in more than seven years, suggestive of healthy hiring levels that have traditionally fostered rising incomes, consumer spending and economic growth.
In August, the unemployment rate fell on the strength of a decent if less-than-stellar 173,000 added jobs. And most economists expect the government to eventually revise up that job gain because of seasonal trends that are notoriously difficult to calculate.
Friday’s employment data reflected the durability of the U.S. economy, which has so far withstood distress worldwide: Tumultuous stock markets, a sharp slowdown in China, a perpetually struggling European economy and the start of a recession in Canada, America’s largest trading partner.
Yet the report also spotlighted aspects of an economic expansion that has been steady without being fully satisfying: Wage growth remains slight…
Financial ExpressAsian Stocks Down as US Rate Hike Timing, China Data WeighedNew York TimesBEIJING — Asian stock markets mostly fell Monday following Wall Street's decline as uneasy investors mulled the timing of a U.S. rate hike and looked ahead to data this week on the slowing Chinese economy. KEEPING SCORE: The Shanghai Composite …GLOBAL MARKETS-Asia sags as China stocks wobble after trading resumesReutersAsia bourses encouraged as China stocks riseFinancial TimesChina Mulls Circuit Breaker to Avoid Stock Jolts, Xinhua ReportsBloombergLivemint -NDTVall 111 news articles »
